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Bailed-out banks charge highest fees in FDIC sales

Citigroup Inc. and Bank of America Corp., recipients of $90 billion in bailout funds from American taxpayers, are charging financial companies three times more to sell bonds under a U.S.-backed rescue program than government-controlled Fannie Mae and Freddie Mac pay to issue notes with similar maturities. Since the Federal Deposit Insurance Corp. started guaranteeing debt in ...

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